He assured that BTO flats remain affordable, with first-timers
buying flats in non-mature estates using about 23 per cent of their
monthly income to pay for their housing loans.

Giving examples, he said a four room flat in Sengkang can range
from S$250,000 to S$310,000, while a five-room flat ranges from
S$320,000 to S$385,000.

"Of course people would want even cheaper (flats), but looking at
it from a situation that we are facing today, I find these figures
very reasonable," said Mr Khaw.

"So that is what we have been trying to do in the last few months,
trying to stabilise these BTO prices, but over time, I hope that
the resale pricing will become more moderate and then we can adjust
our prices again."

BTO prices should all be the same for the same category of
flats, e.g. all 4-room flats should cost the same regardless of
estates. since there's a limitations on the supply, there should nt
have movement in prices regardless of demand. isnt it the goal for
govt to ensure sporean family have a house to stay? they should
ramp up the supply of flats instead of using high pricing methods
to keep demand down.. sianz..of this pap govt.

i tot sg population not increasing? so why still build so many
flats? that;'s the reason why we need so many foreign labor
crowding our island? and the flats prices keep increasing, so
our people can buy rent out to foreigners again and then sell and
then buy and the circle loops on people forever in debt?